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Frontrunning: December 2

  • Jobs Report to Give Federal Reserve Final Data Points (WSJ)
  • Futures fall ahead of jobs report (Reuters)
  • Obama to Block Second Chinese Deal on Security Concerns (BBG)
  • Trump Exults in Victory and Mocks Critics at Ohio Rally (BBG)
  • China's Central Bank Is Facing a Major New Headache (BBG)
  • Trump considering Goldman Sachs COO Cohn for energy secretary (Reuters)
  • Trump considering Senator Heitkamp of North Dakota for Cabinet (Reuters)
  • Italy Referendum to Set Renzi’s Fate (WSJ)

Global Stocks, Futures, Commodities, Dollar Fall Ahead Of Payrolls, Italy Vote

Did Jeff Gundlach do it again? Shortly after the DoubleLine manager told Reuters yesterday afternoon that the Trump rally is ending, that "stocks have peaked" and that it is "too late to buy the Trump trade", US stocks tumbled to session lows, and have continued to drop overnight, with S&P futures down 0.3%, alongside sliding Asian and European markets; oil and the dollar are also down with the only asset class catching a bid are 10Y TSYs, whose yields are lower at 2.43% after reaching an 18 month high of 2.492% overnight ahead of today's nonfarm payrolls report.

13 Horrifying U.S. Government Human Experiments

From mind-control to STDs, the U.S. government has purposefully inflicted countless tortures upon citizens both at home and abroad. Conspiracy theory nuts are known for being out there, but once you read the wild government stories on this list, you will be a believer too. 1: Project MKUltra Beginning in the early 1950’s, the U.S. government started conducting illegal experiments on U.S. and Canadian citizens (including children) with the intention of developing drugs and procedures used to interrogate and torture.

70% Of Immigrants Admitted Under Obama's "Minor Refugee" Program Are Actually Adults

70% Of Immigrants Admitted Under Obama's "Minor Refugee" Program Are Actually Adults

Two years ago the Obama administration sought out to tackle a "crisis" that involved minors seeking out "human smugglers" to help with transportation across the U.S. - Mexico border.  So, with a swipe of the pen, Obama signed an executive order allowing minors of certain Central American countries to flee to the U.S. under a "refugee/parole program." 

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